
Littleblackdoor
Little Black Door | The SOCIAL wardrobe.
USD | 2022 | 2023 |
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Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Little Black Door (LBD) is a forward-thinking startup based in London, aiming to revolutionize the way we manage and interact with our wardrobes. The company operates in the fashion and technology (Fash Tech) sector, addressing the unsustainable consumption patterns in the fashion industry. LBD's primary offering is a digital wardrobe platform that allows users to create a virtual inventory of their clothing. This platform helps users keep track of what they own, encouraging them to wear what they have, borrow from others, and reduce unnecessary purchases.
LBD serves fashion-conscious individuals who are looking to adopt a more sustainable lifestyle. These clients are typically tech-savvy and environmentally aware, seeking innovative solutions to minimize their fashion footprint. The company also collaborates with fashion influencers and stylists to promote its platform and expand its user base.
The business model of Little Black Door is multifaceted. It generates revenue through several streams: subscription fees for premium features on its digital wardrobe platform, transaction fees from buying, selling, and renting clothes through the platform, and partnerships with fashion brands and retailers. Additionally, LBD may earn income from advertising and sponsored content, leveraging its user base and data insights to offer targeted marketing solutions.
LBD operates in a growing market that intersects fashion, technology, and sustainability. With increasing awareness of the environmental impact of fast fashion, there is a significant opportunity for solutions that promote mindful consumption. The company's participation in initiatives like the Green Light Accelerator Programme and partnerships with institutions such as the London College of Fashion and the European Union further bolster its credibility and growth potential.
In summary, Little Black Door is a pioneering startup in the Fash Tech space, offering a digital wardrobe solution to promote sustainable fashion consumption. It serves environmentally conscious consumers and leverages multiple revenue streams to drive growth.
Keywords: digital wardrobe, sustainable fashion, Fash Tech, London, buy clothes, sell clothes, rent clothes, styling, fashion inventory, eco-friendly.